Peter Thiel

  • Update: Peter Thiel Sold Majority Of His Facebook Shares On Thursday In Deal Planned Pre-IPO

    Update: Peter Thiel Sold Majority Of His Facebook Shares On Thursday In Deal Planned Pre-IPO

    PayPal co-founder and famed investor Peter Thiel has sold the majority of his shares in Facebook, according to an SEC filing. Thiel has sold 20.6 million Class A shares, leaving him with only 5.6 million shares, all of which are Class A. A significant portion of the filing seems to be on behalf of the Founders Fund, in which Thiel is a partner. Other entities named in the filing include… Read More

  • Marc Andreessen Visits Peter Thiel’s Stanford Class To Talk Startups, How He Invests & The Future

    Marc Andreessen Visits Peter Thiel’s Stanford Class To Talk Startups, How He Invests & The Future

    It wasn’t so long ago that Peter Thiel began publicly pushing the somewhat controversial idea that higher education is in a bubble, or launching an initiative to help smart young people “stop out of school.” For these reasons, Thiel’s decision to teach a higher ed course was unexpected, even controversial. Last month, he began teaching a class at Stanford called… Read More

  • Double Hubble Bubble Trouble

    Double Hubble Bubble Trouble

    OK, now I’m worried. Here’s why: Lo these many years ago, in the long-gone spring of 1996, I set out to San Francisco to make my software fortune, armed with a freshly minted degree from Canada’s finest technical university. The second of the interviews I’d arranged via email–itself a radical notion, then–consisted mostly of playing Doom with my… Read More

  • Funding, Grants & Book Deals: Thiel Fellows Are Making The Grade (With More Classes To Follow)

    Funding, Grants & Book Deals: Thiel Fellows Are Making The Grade (With More Classes To Follow)

    It’s no secret that Peter Thiel thinks that the next big bubble facing our economy is not inflating the housing or tech markets, but that of higher education. The former PayPal CEO and early backer of Facebook is well-known for his contrarian views and has more than once publicly criticized higher education for being an overhyped and bloated industry. The entrepreneur-turned-investor… Read More

  • Disruptive Tendencies

    Disruptive Tendencies

    Early on Day One of Disrupt SF, Silicon Valley legends Peter Thiel and Max Levchin came out on stage with a grim message of doom: “Innovation in the world today is somewhere between dire straits and dead … outside of computers and the Internet, we’ve had forty years of stagnation.” Meanwhile, Startup Alley boasted a large number of trivial, me-too apps, all too… Read More

  • PayPal Co-Founders Peter Thiel and Max Levchin on the Death of Innovation

    Max Levchin And Peter Thiel: Innovation In The World Today Is Between ‘Dire Straits And Dead’

    Peter Thiel and Max Levchin are busy guys. Thiel, aside from being on the Board of Directors for companies like Palantir Technologies, Geni, and Asana, an early investor and former board member at Facebook, and also happens to be founder and president of hedge fund Clarium Capital as well as Managing Partner of his VC firm, Founder’s Fund. Levchin was founder and CEO of Slide (which… Read More

  • Fad Or Future? Booktrack Adds Music, Sound Effects To E-Books; Peter Thiel Invests

    Fad Or Future? Booktrack Adds Music, Sound Effects To E-Books; Peter Thiel Invests

    A new startup called Booktrack launched this morning (actually, the NYT launched it yesterday), in an effort to create a whole new genre of e-books. Booktrack creates synchronized soundtracks for e-books that aim to “dramatically boost the reader’s imagination and engagement”. The startup’s technology combines music and sound effects with text, automatically paced… Read More

  • Did LinkedIn’s IPO Open the Market or Close It for Anyone Under a $5 Billion Valuation? (TCTV)

    Did LinkedIn’s IPO Open the Market or Close It for Anyone Under a $5 Billion Valuation? (TCTV)

    A few weeks ago I was meeting with Peter Thiel and that pesky question of whether we’re in a bubble or not came up. In a debate both sides are getting bored with, Thiel made a point I hadn’t heard: That LinkedIn’s IPO wasn’t some Netscape moment that opened the markets up for everyone else. In fact, he argued, it was the opposite. LinkedIn showed that you can have a… Read More

  • Young Entrepreneurs Rule – Meet Peter Thiel's First "20 Under 20" Thiel Fellows

    Young Entrepreneurs Rule – Meet Peter Thiel's First "20 Under 20" Thiel Fellows

    Well-known tech executive turned high-profile investor Peter Thiel, former PayPal CEO and an early backer of Facebook, this morning announced the appointment of the first 24 Thiel Fellows. These are remarkable young entrepreneurs and creative minds that, as inaugural members of the 20 Under 20 Thiel Fellowship, will pursue “innovative scientific and technical projects, learn… Read More

  • Friends Don’t Let Friends Take Education Advice From Peter Thiel

    Friends Don’t Let Friends Take Education Advice From Peter Thiel


    My friends, my followers on Twitter, and people who’ve read my previous posts know that I have a very strong opinion about education: that it is absolutely necessary in order for you to build a foundation for success. Despite having appointments at five elite universities, I am not a proponent of elite education. Rather, my research led me to conclude that ivy-leaguers may be able to… Read More